Commentators speak of numerous broad housing indicators and indexes tracking property values across the nation. However, Real Estate, unlike Stocks and Bonds, are not fungible. Properties are non-homogenous and are affected by both broad economic macro and local micro factors. Due to market inefficiencies, the usefulness of data derived from these broad indicators is limited. [...]

Joshua Dorkin

Do Valuations Continue to Slide for Years? What’s The Answer?
by Tom Koziol | May 30, 2008 11 comments Read the full article →